BIS Implements Removal of State Sponsor of Terrorism Designation for Cuba On July 22, the Export Administration Regulations (EAR) were amended to reflect the fact that the Secretary of State rescinded the designation of Cuba as a State Sponsor of Terrorism on May 29, 2015. This rule removes EAR references to Cuba as a State Sponsor of Terrorism and removes Cuba from Country … [Read more...]
GSP Refund Process
GSP Refund Process Effective July 29, 2015, filers again are entitled to file GSP- eligible entry summaries without the payment of estimated duties. Duty Refunds A. Automation CBP developed a mechanism to facilitate refunds for entries submitted during the lapse period using the Special Program Indicator (SPI) for GSP (with the letter "A," "A+," or "A*") as a prefix to … [Read more...]
USITC Finalizes Determination: Antidumping & Countervailing Duties for Tire Case
USITC Finalizes Determination: Antidumping & Countervailing Duties for Tire Case What are Antidumping and Countervailing Duties? U.S. industries may petition the government for relief from imports that are sold in the United States at less than fair value ("dumped") or which benefit from subsidies provided through foreign government programs. Antidumping = Imports … [Read more...]
New York Company Charged with Engaging in Prohibited Conduct
New York Company Charged with Engaging in Prohibited Conduct Teledyne LeCroy, Inc. engaged in conduct prohibited by the Regulations by exporting oscilloscopes, items included on the Commerce Control List and controlled for nuclear non-proliferation and/or anti-terrorism reasons, from the United States to a university in Beijing - in the People's Republic of China, without … [Read more...]
GSP Renewal Signed into Law
GSP Renewal Signed into Law The renewal of the Generalized System of Preferences (GSP) program was signed into law H.R. 1295 last week by the President which renews GSP and refunds tariffs paid on eligible imports. GSP should enter into effect again on July 29 – almost 2 years to the day since it expired. Now that the bill is law, Customs will issue specific instructions … [Read more...]